AI Infrastructure Investments Risk $5 Trillion Spending
Hyperscalers are investing $1.1 trillion by 2027, but analysts warn of a potential misallocation of capital if productivity growth fails to meet expectations.
Hyperscalers are investing $1.1 trillion by 2027, but analysts warn of a potential misallocation of capital if productivity growth fails to meet expectations.
TechCrunch Disrupt 2026 is set to host 10,000+ tech leaders in San Francisco from October 13-15, with exhibit tables selling out in just four days.
Profound, an AEO startup, raised $180 million in Series D funding at a $1.8 billion valuation, less than seven months after its last round.
OpenAI has acquired smartphone camera startup Glass Imaging in a reported $300 million deal, according to The Wall Street Journal.
Anthropic reported $11.5 billion in revenue for the quarter, up 14-fold from the prior year, as it aims to secure investor confidence ahead of a potential $2 trillion IPO.
Superhuman has acquired Fathom, a Y Combinator-backed notetaker startup, to enhance its AI-powered productivity tools, with Fathom valued at $94 million in 2024.
OpenAI CEO Sam Altman said going public in 2026 would be ill-advised, citing ongoing AI safety concerns and the company’s financial challenges.
Nvidia is in talks to invest up to $10 billion in Anthropic's planned IPO, which could become the largest in history with a projected $2 trillion valuation.
TechCrunch Disrupt 2026 is accepting final applications for Side Events until September 11, 2026, at 11:59 p.m. PT.
Nscale, a U.K.-based AI data center startup, has appointed Fidji Simo, a former OpenAI executive, to its board as it prepares for a potential IPO this fall.
Anthropic's $1.5 billion book settlement, the largest copyright deal in US history, is unraveling as authors and publishers clash over payouts.
A class action lawsuit alleges Anthropic misrepresented Claude subscription usage limits, with customers paying up to $200 monthly for 20x usage that often falls short.